Company Updates

MacGregor, part of Cargotec, has completed the acquisition of Rapp Marine Group (RMG) to strengthen its offering for the fishery and research vessel segment. MacGregor announced to acquire Rapp Marine in December 2017 for an enterprise value of approximately EUR 16 million.

Phoenix International Holdings, Inc. (Phoenix) recently completed an abandonment campaign in the Gulf of Mexico utilizing its Atmospheric Diving System (ADS) HARDSUIT™ and a surface supplied air diving spread mobilized onboard a Vessel of Opportunity (VOO). Consisting of two phases, this project highlighted the technological capability and flexibility of the Phoenix ADS by demonstrating its ability to work throughout the water column without the need for any decompression, as well as showcasing the strong teamwork and synergy that exists between the Phoenix ADS and Diving divisions.

J2 Subsea, an Acteon company, established in 2008 to provide ROV tooling products and services for the ROV and underwater survey markets, announces the appointment of Christian Blinkenberg as General Manager based in Aberdeen.

CSA Ocean Sciences Inc. (CSA), known for its integrated approach to science, operations, and safety in the global offshore environment, announces the addition of an experienced and versatile team member Eirik Kydland, who will serve a dual position of Diving Safety Officer (DSO) and Health, Safety, Security, and Environment (HSSE) Manager at the Stuart, Florida headquarters.

On February 5, 2018, Woods Hole Oceanographic Institution (WHOI) sold its majority ownership interest to EOM Offshore’s management team and investors while continuing to receive royalties under the existing exclusive licensing of its stretch hose technology. Rockland Trust Bank provided a line of credit to assist the change in ownership and help assure EOM Offshore’s continued financial strength.

Unique Group, one of the world’s most prominent integrated subsea and offshore solution providers, has re-established a dealer agreement with Kongsberg Maritime AS for the Middle East region. Under the business cooperation agreement, Unique Group’s offices in the region will offer sale and service of KM’s wide range of underwater mapping, navigation, acoustics and camera solutions to customers in the territories of Bahrain, KSA, Kuwait, Qatar and the UAE. The two companies presently have an agreement in place for Nigeria and Kenya.

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